4//SEC Filing
Ehrich Jeffrey 4
Accession 0000950157-24-001589
CIK 0001616318other
Filed
Nov 26, 7:00 PM ET
Accepted
Nov 27, 2:56 PM ET
Size
10.7 KB
Accession
0000950157-24-001589
Insider Transaction Report
Form 4
Ehrich Jeffrey
GC & Corp Secretary - Interim
Transactions
- Disposition to Issuer
Performance Stock Units
2024-11-27−8,543→ 0 total→ Common Stock (8,543 underlying) - Disposition to Issuer
Common Stock
2024-11-27−44,920→ 0 total - Award
Performance Stock Units
2024-11-27+8,543→ 8,543 total→ Common Stock (8,543 underlying)
Footnotes (4)
- [F1]On November 27, 2024 (the "Closing Date"), pursuant to that certain Agreement and Plan of Merger, dated as of October 15, 2023 (as amended, the "Merger Agreement"), among the Issuer, Revelyst, Inc. ("Revelyst"), CSG Elevate II Inc., CSG Elevate III Inc., and, solely for the purposes of specific provisions therein, CZECHOSLOVAK GROUP a.s., each share of the Issuer's common stock ("Common Stock") (other than (a) any such shares of Common Stock held by the Issuer, its subsidiaries or CSG Elevate II Inc. and (b) any Appraisal Shares (as defined in the Merger Agreement)) was converted into the right to receive (i) one fully paid and non-assessable share of common stock, par value $0.01 per share, of Revelyst and (ii) $25.75 in cash.
- [F2]Includes restricted stock units subject to certain vesting periods and other restrictions under the Issuer's 2020 Stock Incentive Plan.
- [F3]Pursuant to the Merger Agreement, each restricted stock unit ("RSU") either (a) vested and was canceled in exchange for a lump-sum cash payment, without interest, equal to the Issuer's stock price immediately prior to the Effective Time (as defined in the Merger Agreement) (the "Pre-Closing Stock Price"), less any applicable withholding for taxes or (b) was canceled and converted into a time-based restricted cash award representing the right to receive an amount in cash, without interest, equal to the product of (i) the number of shares of Common Stock subject to such RSU as of immediately prior to the Effective Time and (ii) the Pre-Closing Stock Price.
- [F4]Pursuant to the Merger Agreement, each performance stock unit ("PSU") either (a) vested and was canceled in exchange for a lump-sum cash payment, without interest, equal to the Pre-Closing Stock Price, less any applicable withholding for taxes or (b) was canceled and converted into a time-based restricted cash award representing the right to receive an amount in cash, without interest, equal to the product of (i) the number of shares of Common Stock subject to such PSU as of immediately prior to the Effective Time and (ii) the Pre-Closing Stock Price, in all cases, with performance conditioned deemed achieved as of the Effective Time as 100% of target performance.
Documents
Issuer
Vista Outdoor Inc.
CIK 0001616318
Entity typeother
Related Parties
1- filerCIK 0001965848
Filing Metadata
- Form type
- 4
- Filed
- Nov 26, 7:00 PM ET
- Accepted
- Nov 27, 2:56 PM ET
- Size
- 10.7 KB